Obama Wants More Money For Wall Street Watchdogs http://www.businessinsider.com/obama-funding-wall-street-watchdogs-2014-3/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 15:17:20 -0400Hunter Walkerhttp://www.businessinsider.com/c/53164f10ecad04eb4a873695KCRobTue, 04 Mar 2014 17:09:20 -0500http://www.businessinsider.com/c/53164f10ecad04eb4a873695
Would this be the same SEC with investigators who download gigabytes of porn on company time?
<a href="http://abcnews.go.com/GMA/sec-pornography-employees-spent-hours-surfing-porn-sites/story?id=10452544" target="_blank" rel="nofollow" >http://abcnews.go.com/GMA/sec-pornography-employees-spent-hours-surfing-porn-sites/story?id=10452544</a>
<a href="http://gawker.com/5500023/sec-employees-were-masturbating-to-kiddie-porn-while-your-economy-tanked" target="_blank" rel="nofollow" >http://gawker.com/5500023/sec-employees-were-masturbating-to-kiddie-porn-while-your-economy-tanked</a>
Try doing that in the private sector.
Here'a a novel idea: when some WS titan bets a few billion on some scheme that flops, allow the titan and his investors to lose their own money - no bailouts, no fed pumping... nada.
The more regulations we have, the more people are employed to 1) lobby congress critters for exemptions and 2) figure out ways through the labyrinth to keep doing business as usual. I saw an item the other day that Dodd-Franks was causing smaller banks to be swallowed up by bigger banks... just what we need.http://www.businessinsider.com/c/53163c32eab8ea16576a5038blackswan's smarter brotherTue, 04 Mar 2014 15:48:50 -0500http://www.businessinsider.com/c/53163c32eab8ea16576a5038
What good are more watchdogs if they are toothless?